J W Wood says ..

Property Oracle says ..

The property is a flat located on Greenwell Street in the Park East area of Darlington. It’s a 1-bedroom, 1-bathroom flat with a total area of 624.09 sqft. The list price is £30,000. The property appears to be in need of some modernisation, as indicated by the image. The brickwork shows some signs of age and disrepair. There is no garden. The location is close to Darlington train station, providing convenient access to transportation links. Several schools are within a reasonable distance, including Borough Road Nursery School and Skerne Park Academy. However, the area’s average house price (£341,059) and average price per sqft (£271) are significantly higher than the list price of this property. Nearby properties on Greenwell Street have sold for prices ranging from £30,000 to £90,000, but these listings lack sqft data making a true comparison difficult. The lack of plot size and the condition of the property suggest a lower value than the average for the area. Given the condition, lack of land, and the significant difference between the list price and the average price per sqft in the area, the property’s price seems low relative to the average price per sqft in the area, but it is in line with other properties listed in the same street. However, the lack of sqft data for comparable properties makes a definitive price assessment challenging.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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